Nigerian billionaire Folorunsho Alakija's FAMFA Oil faces a $6.7 million customs demand
Billionaires Africa | 09.09.2026 03:39
FAMFA Oil, the company that made Folorunsho Alakija Africa's richest woman, faces a federal demand for 8.85 billion naira in unpaid customs duty on a single aircraft, about $6.7 million at 1,321.68 naira to the dollar, according to an investigation published by Secrets Reporters on Tuesday.
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